FINWIRES · TerminalLIVE
FINWIRES

SHA:601138

3 stories mentioning SHA:601138Updated 12d ago

Every FINWIRES story that references SHA:601138, newest first.

Asia

Foxconn Industrial Internet to Repurchase Shares for Up to 2 Billion Yuan

Foxconn Industrial Internet (SHA:601138), a subsidiary of Hon Hai Precision Industry (TPE:2317), plans to repurchase its shares ranging from 1 billion yuan to 2 billion yuan, using its own funds, according to a Monday filing to the Taiwan bourse.Foxconn's shares were down over 2% in Tuesday's trade.The repurchase will be conducted through centralized bidding, and the price will be capped at 103 yuan per share, said the contract manufacturer of AI servers.The repurchase will be carried out within three months after receiving the board of directors' approval.

SHA:601138TPE:2317
Asia

Foxconn Industrial Internet Expects Up to 101% Surge in H1, Q2 Profit

Foxconn Industrial Internet (SHA:601138) expects its net profit attributable to shareholders to surge between 93% ad 101% year over year in the first half of 2026, according to a Friday filing with the Shanghai Stock Exchange.The company estimates H1 net profit will range between 23.4 billion yuan and 24.4 billion yuan, compared with 12.1 billion yuan the previous year.It attributed the anticipated increase to strong revenue from its cloud service provider artificial intelligence servers and expanding market share.The electrical equipment manufacturer's second-quarter attributable net profit is expected to jump between 86% and 101% to between 12.8 billion yuan and 13.8 billion yuan.

SHA:601138
Asia

Foxconn Industrial Internet's Q1 Profit Doubles; Revenue Misses Estimate

Foxconn Industrial Internet (SHA:601138) reported a 109% jump in net profit in the first quarter to 10.6 billion yuan from 5.23 billion yuan, according to a Shanghai Stock Exchange filing on Wednesday.Earnings per share doubled to 0.53 yuan from 0.26 yuan, missing the median forecast of 0.64 yuan by analysts polled by Visible Alpha.Revenue surged 56.5% to 251 billion yuan from 160 billion yuan, also missing the Visible Alpha estimate of 271 billion yuan.The electrical equipment manufacturer attributed the revenue growth to the continued surge in demand for AI computing power, as well as the steady increase in market share of its major clients.

SHA:601138

Track with the FINWIRES app suite

FolioX
FolioX
Track SHA:601138 in your portfolio
WheelAI
WheelAI
Analyze SHA:601138 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHA:601138